loss is the Dec H/Y results, mainly due to a significant decline in their sales.
Balance sheet is in reasonble shape:
CA> CL = good
NCA much higher than NCL.
Debt is caught in the CL with sufficient CA coverage.
But with that half year significant loss, can the balance sheet allow GAP to tank for long enough!!!!
That's the key question.
GAP really being impacted by higher interest rates.
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